A 500 kw electric lighting plant cost $95 per kw installed. Fixed charges is 14%, operating cost is $0.013 per kw hr. The plant averages 150kw for 5000hr of the year, 420kw for 1000hr and 20 kw for the remainder. What is the unit cost of production of electric energy?

Electricity for Refrigeration, Heating, and Air Conditioning (MindTap Course List)
10th Edition
ISBN:9781337399128
Author:Russell E. Smith
Publisher:Russell E. Smith
Chapter7: Alternating Current, Power Distribution, And Voltage Systems
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A 500 kw electric lighting plant cost $95 per kw installed. Fixed charges is 14%, operating cost is $0.013 per kw hr. The plant averages 150kw for 5000hr of the year, 420kw for 1000hr and 20 kw for the remainder. What is the unit cost of production of electric energy?
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